The Congolese Housing Bank (BCH) will be supported by the African Development Bank (ADB) in mobilizing real estate investors. A delegation from the BAD was received by the Minister of Construction, Urbanism and Housing, Josué Rodrigue Ngouonimba on this subject on November 24 in Brazzaville.

During the discussions, the two banks raised issues related to access to long-term financing, real estate credit, and partnership arrangements. In fact, this agreement will strengthen the capacities of the BCH to facilitate access to housing and the financing of real estate projects in the Republic of Congo.

According to the ADB country economist, Antoine-Marie Tioye, the bank's intervention follows a request from the Congolese authorities. This support will cover all housing, housing and financing policies.

For Antoine-Marie Tioye, “evolving in an environment that is concerned by the sectoral ministry, the BCH must be situated within the national strategy that the government has put in place. It is a dynamic that has just begun through these discussions. We are not going to stop there, by the end of the year, everything will be in place so that, starting in 2023, we will start to carry out the activities themselves”.